Businesses will do whatever their owners want the businesses to do. Of course making profits is one example, but I don’t think we can generalise this to every single business owner. Social entrepreneurs operate for profit businesses that primarily fulfil social purposes, and I don’t see that as a conflict with capitalism.

Secondly, businesses cannot force you or coerce you into dealing with them. If you are not happy, you have the choice of not buying or associating with a business if you feel that they are doing something you do not agree with. Even better, you can organise boycotts or movements for other people not to deal with businesses to exert pressure on them.

The only time when you cannot avoid dealing with a business is when it is a monopoly. I can easily show you that behind every instance of monopoly, is the invisible hand of the state propping up or protecting that monopoly.

The fact of the matter is, corporate power only exists when it is backed by the coercive power of the state.

There is libertarian socialism - which is much less known in America but known in other parts of the world - there is the ability of censure by the community, such as boycotts, etc. Regulation through grassroots means - the actual people - as opposed to a top-down bureaucracy.

Businesses will NEVER self-regulate, since their responsibility is solely to make profits (Friedman), no? So its stupid to think that they would entertain cost-increasing regulations. Hence the role for governments to step in and beat businesses into submission